This is XAU/USD on D1. In the big picture, gold is in a strong uptrend and a rising trend line is pushing it up. The chart shows:
Support Zone → H3 or around 3,400,000 – 3,500,000. (buyers likely to start their buying frenzy here).
Psychological Resistance Zone → 3,700,000 – 3,800,000 (a good spot for sellers).
Trendline Support → The black/blue diagonal line shows how buyers have protected dips and have been driving the price upwards.
Black arrows shows price might retest support/trendline again before
Which Candle is Formed?
The present candle is visible and bullish, green, with a solid corpo.
This demonstrates buying momentum and means buyers are still in control.
If the coming candles follow in green, it means we will go up.
📌 Levels Explained
Immediate Support → 3,500,000
Secondary Support → 3,396,415 (close to t-line confluence)
Significant resistance > 3,700,000 – 3,800,000 (psychological resistance area)
Buy & Sell Level (Educational purpose only)
⚠️ Disclaimer: This is for educational analysis and not financial advice. Please DYOR and take responsibly risk management before trading.
Buy Levels (Long Entry Zones) 🟢
3,480,000 – 3,500,000 (support retest)
3,400,000 – 3,420,000 (bounce area of the trendline)
Sell Levels (Profit-Booking / Short Zones) 🔴
5,500,000 – 5,600,000 (psychologically resistive area)
Watch for bearish patterns (Doji, Bearish Engulfing) on pullback to go short.
Stop-Loss Idea
For buys: Below 3,350,000
horts: Above 3,820,000
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